Crowd Dialog Europe

Graz 2016

BlockchainHub Graz■ Thomas Zeinzinger & Max Tertinegg■ September 8, 2016

# Not-For-Profit # Translate Blockchain to Non Techies# Connect various Networks and Organizations

Meet the Team

Thomas Zeinzinger Max Tertinegg Sandra Zitz Thomas Schwarzl

Shermin Voshmgr

Berlin Brussels

Jean-Luc Verheist

AGENDA

Let‘s talk about BlockchainTechnology

v Basics

v Crowdfunding

v Challenges (WS)

Basics

v Why is everybody so excited about blockchain technology?

v What is Bitcoin and how does it work (demonstration)?

v How safe is our money?

v What is the blockchain and what is so special about it?

Internet vs. Blockchain

Why is everybody so excited about blockchain technology?

Internet and Blockchainincrease the speed ofinteractions

Internet - Information

Blockchain - Value

Bitcoin: thefirst

blockchain

Bitcoin and blockchaintechnology came intoexistence together

Bitcoin: a peer-to-peer

electronic cash system

Live demo https://bitpay.com/demos

What isBitcoin?

Peer-to-peer

No central authority

Fast transactions

Very low barrier of entry

What isBitcoin?

No bank account needed

No borders

Open source

Censorship resistant

What isBitcoin? „Cash for the internet“

„Digital gold“

Max. 21. Mio bitcoins

Blockchain –Chain ofBlocks!?

What is the blockchain and what is so special about it?

üShared Database

üMultiple Writers

üNo Trust Needed

Global, instantaneusvalue transfer betweenhumans and machines!

Blockchain in Action

Public Networks can be watchedby everyone with access to the

internet.

https://blockchain.info/de/

https://ethstats.net/

Crowdfunding

v Reward-Based Crowdfundingv Equity-Based Crowdfundingv Lending-Based Crowdfundingv Loan-Based Crowdfunding

v Decentralized Autonomous Organization - DAO

Reward-BasedCrowdfunding

Bitcoin has shown that a cryptocurrency can work ... Whynot creating own coins and sell

them?

Ethereum (18.3 mn $)

Storj (0.5 mn $)

Lisk (5.5 mn $)

Waves (16 mn $)

Heat (coming soon)

Equidy-BasedCrowdfunding

Trading equity is typically not thateasy. This problem is addressed

from various sides.

Funderbeam (Bitcoin)

Weifund (Ethereum)

Heat (2017, NXT)

SmartAngels & BNP Paribas (?)

Linq (Chain)

Lending-Based

Crowdfunding

P2P lending is probably the mostobvious way for the cryptospace, but is hampered by AML & KYC.

P2P Lending - Total Market: Estimated $150bn by 2025

LoanCoin (2014, suspended)

MoneyCircles (2016? Uphold, Ethereum-Based)

Donation-Based

Crowdfunding

Examples in the crypto-space arereally rare!

Crypto Crowding (?)

DecentralizedAutonomousOrganization

The first DAO (“The DAO) hascollected 150 mn$ within 28 daysand was intendet to spend that

money on projects selected by thebackers of the DAO.

The DAO

• Escrow

• Voting

• Spliting

50 mn$

Challenges – Workshop

v What legal challenges do you see if equity representing tokens can be traded on the secondary market?

v What should be the value proposition of decentralized crowdfunding platforms (e.g. Weifund) to gain more traction?

v What is your believe in the future of DAO’s as funds, managed by voting through the owners?

Follow us

www.blockchainhub.net/grazblockchainhubgraz@bchgraz

Thomas Zeinzinger@leantom42

Max Tertinegg@maxmin